Press Releases

Washington, D.C. – U.S. Senator Dean Heller (R-NV), a member of the tax-writing Senate Finance Committee, today voted in support of advancing debate on the U.S. Senate’s Tax Cuts and Jobs Act, which includes an amendment he filed with Tim Scott (R-SC) that would increase the child tax credit to $2,000, or double it from current law. After clearing this critical hurdle in the U.S. Senate, the Tax Cuts and Jobs Act will now be subject to up to 20 hours of debate under the budget reconciliation process.

According to the Tax Foundation, the Senate’s Tax Cuts and Jobs Act would boost middle class income by nearly $2,500 and add more than 8,300 jobs in Nevada. Additionally, the non-partisan Joint Committee on Taxation recently confirmed that under the Senate’s tax relief bill, every income category of Nevada’s roughly 1.4 million individual tax return filers would receive a tax cut. 

“The Senate’s tax relief bill has cleared a critical hurdle and we are now one step closer to providing tax cuts to middle class families in Nevada and around the country,” said Heller. “This bill will boost middle class income in Nevada, create thousands of jobs in our state, and ultimately drive growth in our communities. By doubling the child tax credit from current law, this legislation will literally put thousands of dollars back into the pockets of hardworking Nevadans, allowing them to purchase anything from three months’ worth of groceries to 9,000 diapers. Enhancing the child tax credit is one of my top priorities, and I’m proud that my provision to do just that was included in the Senate’s tax bill.”

The Senate bill also includes Heller’s provision to make it easier for startups and businesses to give employees an ownership stake in their company’s success, and his Volunteer Income Tax Assistance Act, which helps low-income taxpayers keep more of their money by supporting free tax preparation sites. Additionally, the Senate’s tax bill increases the deduction of expenses for teachers in Nevada by 100 percent and preserves the medical expense deduction, the mortgage interest deduction, and the treatment of student loan interest or tuition forgiveness.

Heller added, “As the son of an auto mechanic and school cook, I grew up watching my parents work hard to provide me and my brothers and sisters a good life. They told us that if we work hard and play by the rules, then we too can achieve the American dream. The problem is that too many people now think that isn’t true, and we need to change that. We have the opportunity to take action on a piece of legislation that will empower American families and help restore faith in the American dream. That’s what this bill is about and that’s why the Senate must work 24/7 to pass it.”